M&A Corner
CVS Reports Q2 Losses Driven by Acquisition and Restructuring Costs08 Aug 2023
CVS Health incurred a $1.12 million net income loss in Q2 due to $168 million in acquisition expenses for Signify... Continue Reading
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Iron Path Capital-backed PureTech Scientific Completes Acquisition of Glycolic Acid Business from The Chemours Company08 Aug 2023
PureTech Scientific LLC has successfully acquired the Glycolic Acid business from The Chemours Company for $137 million in cash. This... Continue Reading
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Marathon Health Acquires Cerner Workforce Health Solutions Clinics08 Aug 2023
Marathon Health has acquired Cerner Workforce Health Solutions (WHS), a provider of onsite and near-site health clinics for employers. This... Continue Reading
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SOHM Inc. Signs LOI to Acquire Stem Cell Disruptive Technology and Patents08 Aug 2023
Generic pharmaceutical, nutraceutical, and cosmeceutical firm SOHM, Inc. (OTC PINK:SHMN) plans to acquire “ABBIE,” stem cell disruptive technology and patents,... Continue Reading
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Walgreens Sells $1.85B of AmerisourceBergen Shares, Reduces Stake by 16%08 Aug 2023
Walgreens Boots Alliance has sold AmerisourceBergen shares worth $1.85 billion to reduce debt and for general corporate purposes, with its... Continue Reading
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TytoCare Secures $49M, Launches Asthma Care Modules08 Aug 2023
Virtual care provider TytoCare has secured an additional $49 million in growth funding for their Series D round, led by... Continue Reading
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Bio-Path Holdings, Inc. Announces Pricing of $2.1 Million Public Offering.08 Aug 2023
Biotech company Bio-Path Holdings has priced a public offering of 3,500,000 common shares and accompanying stock purchase warrants at $0.60... Continue Reading
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Amber Bio Raises $26 Million Seed Financing Co-Led by Playground Global and Andreessen Horowitz to Advance New RNA-Based Gene Editing Platform08 Aug 2023
Amber Bio, a biotech company, has launched with a successful $26 million seed funding round led by Playground Global and... Continue Reading
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Labcorp Forges Strategic Partnership with Tufts Medicine, Will Acquire Outreach Laboratory Business08 Aug 2023
Labcorp, a global leader in laboratory services, has announced an agreement with Tufts Medicine in Massachusetts to acquire its outreach... Continue Reading
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Cedar, Google Cloud Partner to Gen AI Tools to Improve Healthcare Billing for Patients08 Aug 2023
Cedar, an enterprise financial engagement platform, has joined forces with Google Cloud to enhance patient experiences in healthcare billing. Through... Continue Reading
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